5 Best Stocks to Buy According to Billionaire Chris Hohn

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This article discusses the top 5 stock picks of billionaire Chris Hohn’s TCI Fund Management at the end of Q2. If you want to read about the fund’s recent performance and the changes it made to its portfolio during Q2, please go to 10 Best Stocks to Buy According to Billionaire Chris Hohn.

5. Canadian Pacific Railway Limited (NYSE:CP)

TCI Fund Management’s Stake Value: $3,901,375,000

Percentage of TCI Fund Management’s 13F Portfolio: 12.34%

Number of Hedge Fund Holders: 42

Despite the 25% correction in S&P500 this year, shares of Canadian Pacific Railway Limited (NYSE:CP) are still holding strong and have barely lost 4% of their value this year. However, its popularity among smart money investors has decreased significantly from last year. Among the funds tracked by Insider Monkey, 42 disclosed a stake in the railroad company at the end of June, down 15 from 57 at the end of 2021. Funds that sold their entire stake in Canadian Pacific Railway Limited (NYSE:CP) during the second quarter included David Harding’s Winton Capital Management, Ben Gambill’s Tiger Eye Capital, and Jonathan Esfandi’s JNE Partners.

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